Best Buy Co Inc (NYSE:BBY) Expected to Post Q1 2020 Earnings of $0.85 Per Share

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Summary

Jefferies Financial Group analyst J. Matuszewski anticipates that the technology retailer will earn $0.85 per share for the quarter. In related news, major shareholder Richard M. Schulze sold 25,443 shares of the business’s stock in a transaction dated Monday, March 4th. Also, major shareholder Richard M. Schulze sold 492,000 shares of the business’s stock in a transaction dated Friday, March 1st. Finally, Nissay Asset Management Corp Japan ADV raised its holdings in Best Buy by 75.8% in the third quarter. Best Buy Co, Inc operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico.

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